The biggest thing is production of 6123 bbl/d. IF 8000 bbl/d had been hit as I think we all believed, the earnings obviously would have been met.

DG's comment in the highlight section of average 8000/bbld now being met is good news over the 6123 bbl/d as long as that is now consistent and doesn't go down, even with the 3-4 shut down coming in Sept.

With the oil price dropping MRC should start to show a profit again. With NG dropping field costs for oil sands will drop and the collar should keep revenues up on the sale side of NG.

I don't know what is happening with production not averaging 10,000 bbl/d but my understanding is that CLL can produce more then 10,000 bb/d as long as yearly average doesn't exceed 10,000 bbl/d, right now we have lots of wiggle room. I think this will happen.

Lastly cash on hand is good for the long awaited and much anticipated Algar approval.